RE:RE:RE:RE:RE:RE:RE:RE:RE:Blood bathOnly if it turns into some kind of proxy war like the Russia / Ukraine war.
As it stands it looks to be an internal confict of a non-oil producing country although Israel does have a couple of refineries.
I would rather speculate on who the private operator is that CJ purchased the increased 21% operating interest from in the Mitsue Gilwood deal?
I am also curious if there was a lost leader in the deal as two assets were acquired.
Was the 21% increase in Mitsue Gilwood the sweetener for the private company to let go of the Buffalo Clearwater play?
Just wondering why they left the remaining 14% of the MG operating interest on the table unless:
1 They could not get it because it makes too much money for the private company.
2 They did not want it as it uses EOR and they took all they had to to get the clearwater play
Also wondering if they can use the remaining 14% operating interest to leverage another deal with the private company for more cherry assets down the road? (assuming the Buffalo Clearwater asset was the better part of the deal)
Knowing who the private company is might be beneficial to figuring this out but I am going to speculate that whoever the private company is, John Brussa sits on the board.
All just speculation and a possible distraction for a long thanksgiving weekend.
GLTA
egee wrote: Perhaps the escalating dispute with Israel and hammas which was declared a war by Israel will boost oil. Get ready